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Q3 wrap: reserve contributions and expenses
Weaker favourable prior-year development was again a feature in the third quarter results for most carriers in our analysis.
Iulia Ciutina
,
05 December 2017
Energy market to get single-digit rate rises
After a series of disastrous renewal seasons characterised by over-capacity and falling demand, the upstream energy market in London looks set to achieve mid-single-digit rate increases at 1 January.
Adam McNestrie
,
05 December 2017
Idiosyncratic investors digest Q3 results
While the P&C sector was a sea of red in the third quarter, some carriers performed better than others against the expectation of analysts - although investor reaction remained muted.
Dan Ascher
,
05 December 2017
Q3 cats belie expense progress amid loss inflation
The third quarter catastrophes are estimated to have generated around $100bn in insured losses - still the most widely circulated claims tally despite recent market scepticism, with only around a third of that sum having been publicly disclosed to date.
Iulia Ciutina
,
05 December 2017
Q3 wrap: investment yields and losses
Investment returns remained subdued year-on-year for the vast majority of the companies in our analysis, ranging from 1.7 percent to 6.5 percent for the third quarter.
Iulia Ciutina
,
05 December 2017
Asbestos remains a thorn in the P&C industry’s side: AM Best
Asbestos loss trends have stabilised but remain a persistent drain on the US P&C sector, with an estimated $13bn funding gap between the $100bn projected total liability and the $87bn paid out or reserved for as of last year, AM Best data indicates.
Ted Bunker
,
05 December 2017
US auto rate and margin growth to continue: JLT Re
US auto insurers are expected to benefit from further rate increases that will feed through to the bottom line this year and into 2018, according to broker JLT Re.
Dan Ascher
,
05 December 2017
Hyperion trumpets M&A ambitions after CDPQ investment
Hyperion would "absolutely" consider another transformative M&A deal following its $400mn investment from Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ), CEO David Howden has said.
Catrin Shi
,
05 December 2017
Collateralised re premiums to rise 10%-30%: Twelve
The collateralised reinsurance or private insurance-linked securities (ILS) market is likely to witness 10 to 30 percent premium rate rises in 2018 depending on the line of business, Twelve Capital has said.
Fiona Robertson
,
05 December 2017
Britannia P&I picks JLT’s O’Flaherty for Singapore branch
Britannia P&I has hired former JLT Middle East CEO John O'Flaherty to set up a new branch Singapore, as the mutual's manager, Tindall Riley, expands in Asia.
Bernard Goyder
,
05 December 2017
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